2. Wisdom MFI
Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Hluvuku-ADSEMA
Please note that the information you are viewing is 145 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Wisdom Microfinance Institution S.Co Bole Sub CityAddis Ababa31478
Data approved: 2012-03-12
Data version: 1
Age of data: 158 months

Institution

Hluvuku-Associacao de Desenvolvimeto Socio-Economio De Matutuine Rua Principal, Bela Vista Parcela 33Bela Vista, Maputo
Data approved: 2013-05-09
Data version: 2
Age of data: 145 months
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Product

Consumption Loan Product 4 of 6 « Prev | Next »

Product

Credito Agro-pecuaria/ Agro-negocios Product 2 of 3 « Prev | Next »

Product Summary

Number borrowers3,354
Loan Amount (range)ETB 3,000 - 5,000
Loan Term (range)10 - 24
Other Services (text summary)Credit Educ, Group Mtgs
Annual Interest & Method17.5% annual, Flat
Fees2.50% upfront
Insurance2.00% upfront
TaxNone
Comp Dep15.0% upfront
Range of pricing 
Interest Price ComponentN/A
Fee Component38.7% (Int+Fee)
Insurance Component2.3% - 7.6%
Tax Component Range0
Full APR (int fee ins tax dep)56.2%
Transparency Index (min/max)20 - 69
Transparency Index (average)31

Product Summary

450
MZN 1,500 - 200,000
6 - 18
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training
34.8% annual, Decl Bal
50.00-900.00 upfront
1.50% upfront
None
N/A
 
30.1% - 53.3%
0.1% - 0.8%
2.0% - 2.2%
0
32.5% - 37.0%
94 - 110
100

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 4,818,433
Portfolio (USD)USD 261,871.36
Active Clients with Loans3,354
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
This loan is for salaried employees and mainly for consumption purpose.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Women
Must run a business
Must own a home or land
Must be a salaried workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (MZN)MZN 13,497,280.15
Portfolio (USD)USD 443,989.48
Active Clients with Loans450
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Para pequenos agricultores,pescadores,os clientes podem receber servicos complementares sobre a planificacao do negocio
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
Other trainingx
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product1
Regions ActiveMaputo Province

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 3,000
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term10.0 months
Longest loan term24.0 months
Approx average15.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyMZN
Minimum loan sizeMZN 1,500
Maximum loan size200,000
Distribution at Disbursement (Est.)
Loans less than MZN 5,0005%
MZN 5,000-10,0005%
MZN 10,000-20,0005%
MZN 20,000-40,00020%
MZN 40,000-60,0005%
Greater than MZN 60,0005%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term18.0 months
Approx average13.0 months
Grace Period
Grace period usage10%
Average grace period5.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest17.50%
Highest quoted nominal interest17.50%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min2.50%
% of loan amount - max2.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Insurance
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00% - N/A
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
Savings interest is compounded Monthly.

Pricing Information

Interest
Lowest quoted nominal interest2.90%
Highest quoted nominal interest2.90%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionTaxa de Inscrição
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min50
Fixed amount - max900
Reason for variationos creditos maiores de 50.000,00 MZN pagam a taxa de inscricao de 0.15% em do emprestimo
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionSeguro para cubrir morte do cliente
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Consumption Loan samples
Sample 1Sample 2Sample 3
Loan AmountETB 4,000ETB 5,000ETB 5,000
Loan Cycle (1, 2, 3, etc)8512
Disbursement Date2012-01-182012-01-182012-01-18
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component38.7%38.7%38.7%
Insurance Component4.2%4.2%4.2%
Tax Component0.0%0.0%0.0%
Deposit Component13.3%13.3%13.3%
Full APR (int fee ins tax dep)56.2%56.2%56.2%
Transparency Index313131
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Credito Agro-pecuaria/ Agro-negocios samples
Sample 4Sample 5Sample 6
Loan AmountMZN 12,000MZN 30,000MZN 60,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-04-232013-04-172013-03-12
Loan Term (Months)18.0 months18.0 months18.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditMZN 3,363.16MZN 9,565.53MZN 16,576.15
True Price by Comp     
Interest price component30.4%34.7%30.1%
Fee Component0.5%0.3%0.4%
Insurance Component2.1%2.0%2.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)33.0%37.0%32.5%
Transparency Index10094100
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Consumption Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeAnyLoan PurposeWisdom MFIInstitutionET-017-V01-P04ProductETCountry2012YearRange Number1Institution Data Version01,0002,0003,0004,0005,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 1,6001,20080040040Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Credito Agro-pecuaria/ Agro-negocios Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeHluvuku-ADSEMAInstitutionMZ-010-V02-P02ProductMZCountry2013YearRange Number2Institution Data Version010,00020,00030,00040,00050,00060,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 20010010Number of Borrowers
Click to view Price Analysis Tool
Caps / Zoom options
Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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